SHE:002349 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	854.92	1,014	921.76	933.27	651.59
Trading Asset Securities	434.74	105.16	317.7	124.95	213.36
Cash & Short-Term Investments	1,290	1,119	1,239	1,058	864.95
Cash Growth	15.28%	-9.74%	17.13%	22.35%	24.26%
Accounts Receivable	354.33	414.58	387.67	339.16	355.87
Other Receivables	65.17	2.68	0.68	2.7	17.19
Receivables	419.5	417.26	388.35	341.86	373.06
Inventory	277.32	270.35	290.94	307.65	323.12
Other Current Assets	40.61	37.95	67.06	21.31	33.93
Total Current Assets	2,027	1,844	1,986	1,729	1,595
Property, Plant & Equipment	565.16	616.38	663.36	708.42	1,169
Long-Term Investments	-	356.99	40.02	46.97	20.99
Goodwill	167.94	167.94	167.94	167.94	167.94
Other Intangible Assets	58.68	60.52	62.53	65.06	123.24
Long-Term Deferred Tax Assets	6.98	5.98	6.22	12.59	14.88
Long-Term Deferred Charges	-	-	-	-	37.92
Other Long-Term Assets	744.5	249.67	259.13	267.89	25.01
Total Assets	3,570	3,302	3,185	3,042	3,198
Accounts Payable	155.4	148.44	141.94	139.61	213.06
Accrued Expenses	85.3	115.71	123.65	140.77	107.69
Short-Term Debt	1.68	10.43	20.92	21.03	68.78
Current Portion of Long-Term Debt	-	-	-	-	120.16
Current Portion of Leases	-	0.75	1.18	0.68	1.77
Current Income Taxes Payable	-	11.16	13.6	12.04	7.95
Current Unearned Revenue	12.22	11.44	13.6	45.1	30.43
Other Current Liabilities	140.19	27.65	46.62	35.41	53.39
Total Current Liabilities	394.79	325.58	361.51	394.63	603.24
Long-Term Leases	1.68	0.2	0.43	0.91	3.88
Long-Term Unearned Revenue	12.87	11.73	10.84	10.65	9.5
Long-Term Deferred Tax Liabilities	9.48	7.15	7.96	12.02	11.93
Other Long-Term Liabilities	2.31	-	-	-	-
Total Liabilities	421.13	344.66	380.75	418.22	628.54
Common Stock	829.67	814.18	814.18	814.18	835.72
Additional Paid-In Capital	823.47	769	769	905.92	1,017
Retained Earnings	1,149	995.01	860.5	677.94	514.59
Treasury Stock	-55.49	-	-	-	-132.2
Comprehensive Income & Other	5.9	5.3	0.91	2.89	1.14
Total Common Equity	2,753	2,583	2,445	2,401	2,236
Minority Interest	396.5	373.63	359.67	222.77	333.72
Shareholders' Equity	3,149	2,957	2,804	2,624	2,570
Total Liabilities & Equity	3,570	3,302	3,185	3,042	3,198
Total Debt	3.36	11.38	22.54	22.62	194.59
Net Cash (Debt)	1,286	1,107	1,217	1,036	670.36
Net Cash Growth	16.16%	-9.00%	17.51%	54.48%	34.21%
Net Cash Per Share	1.57	1.36	1.49	1.27	0.82
Filing Date Shares Outstanding	812.05	814.18	814.18	814.18	814.18
Total Common Shares Outstanding	812.05	814.18	814.18	814.18	814.18
Working Capital	1,632	1,519	1,624	1,334	991.83
Book Value Per Share	3.39	3.17	3.00	2.95	2.75
Tangible Book Value	2,526	2,355	2,214	2,168	1,945
Tangible Book Value Per Share	3.11	2.89	2.72	2.66	2.39
Buildings	-	575	570.97	567.6	949.94
Machinery	-	638.6	618.06	619.1	695.42
Construction In Progress	-	53.57	69.42	61.51	59.36

Source: S&P Global Market Intelligence. Standard template. Financial Sources.